OpenAI has decided to delay its IPO due to mounting concerns about AI safety. CEO Sam Altman confirmed in an interview with Fortune that the IPO will not happen in 2026 and could come in 2027 or later. The company confidentially filed for a potential IPO in June. CFO Sarah Friar said annualized revenue run rate increased by 20%, while enterprise revenue grew by 32% between June and July. This delay follows the resignation of AI researcher Jacob Coxon, who left the industry citing existential risks and calling for a slowdown in the AI race.
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